Evening Republican, Volume 21, Number 53, Rensselaer, Jasper County, 5 March 1917 — A DIFFERENCE IN THE INVESTMENT [ARTICLE]
A DIFFERENCE IN THE INVESTMENT
The Western Canada Farm Profits Are Away in Excess. Mr. George H. Barr, of lowa, holds seven sections of land in Saskatchewan. These he has fenced and rentall paying interest on the investment. •Mr. Barr says that farm land at home in held at $l5O per acre. These lands are in a high state of cultivation, with splendid improvements In houses, bams, stables and silos, and yet, the revenue returns from them, are only from two to three per cent per annum on investment. Last year, 1915, his half share of crop on a quarter section in Saskatche--35 per cent on the capital invested—s2s.oo an acre. The crop yield was 35 bushels per acre. This year the same quarter-section, sown to Red Fife on stubble gave 3,286 bushels. His share, 1,643 bushels of 1 Northern at $1.56 per bushel, gave him $2,563.08. Seed, half the twine and half the threshing bill cost him $453.00. Allowing a share of the expense of his annual inspection trip, charged to this quarter-section even to SIIO.OO, and. he has left $2,000.00, that is 50 per cent of the original cost of the land. Anyone can figure up that another average crop will pay, not 2 or 3 per cent on investment, as in lowa, but the total price of the land. Mr. Barr says: “That’s no joke now Mr: Barr was Instrumental in bringing a number of farmers from lowa to Saskatchewan In 1913. He referred to olle of them, Geo. H. Eerton r a tenant farmer in lowa. He bought a quartersection* of improved land at $32.00 an qcre near Hanley. From proceeds of crop ip 1914, 1915, 1916, he has paid for the land. Mr. Barr asked him a week ago: “Well, George, what shall I tell friends down home for you?” The reply was: “Tell them I shall never go back to be a tenant for any man.” Another man, Charles Haight, realized SIB,OOO in cash for his wheat crops in 1915 and 1916. Mr. Barr when at home devotes most of his Time to raising and dealing in live stock. On his first visit of Inspection to Saskatchewan, he realized the opportunity there was here for grazing cattle. So his quartersections, not occupied, were fenced and rented as pasture lands to farmers adjoining. His creed is: “Let nature supply the feed all summer while cattle are growing, and then in the fall, lake them to farmsteads to be finished for market. There is money In it.” —Advertisement,
